Registration of securities issued in business combination transactions

Balance Sheets

v3.20.2
Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 138,533 $ 119,136
Prepaid income taxes 242,620
Prepaid expenses. 190,917
Total Current Assets 572,070 119,136
Security deposit 23,800 23,800
Deferred offering costs 182,742
Marketable securities held in Trust Account 304,528,924
Total Assets 305,124,794 325,678
Current liabilities    
Current liabilities - Accounts payable and accrued expenses 303,190 20,222
Accrued offering costs 25,149
Convertible promissory note - related party 299,000
Total Current Liabilities 303,190 344,371
Deferred tax liability. 35,655
Deferred underwriting fee payable 10,505,250
Total Liabilities 10,844,095 344,371
Commitments and Contingencies (Note 6)
Common stock subject to possible redemption, 28,423,164 and 28,504,462 shares at redemption value as of June 30, 2020 and December 31, 2019, respectively 289,280,690
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Additional paid in capital 2,313,769 24,250
Retained earnings 2,685,339 (43,693)
Total Stockholders’ Equity 5,000,009 (18,693)
Total Liabilities and Stockholders’ Equity 305,124,794 325,678
Class A Common Stock    
Stockholders’ Equity    
Common stock, Value 151
Total Stockholders’ Equity 151
Class B Common Stock    
Stockholders’ Equity    
Common stock, Value 750 750
Total Stockholders’ Equity $ 750 $ 750